Case Study: a Fortune 500 client achieves HMRC low-risk IR35 renewal with Worksome

Fortune 500 Client renews low-risk IR35 status in under 5 months with Worksome

The customer, a Fortune 500 company and global provider of marketing solutions, was required to undergo an HMRC Business Risk Review (BRR) with a focus on its off-payroll workforce and IR35 compliance. The company engaged Worksome and its compliance solution to help navigate this audit and prove its adherence to tax regulations.

Worksome provided the client with a comprehensive dataset of its entire external workforce and detailed documentation of its IR35 compliance processes. This enabled the company to successfully demonstrate its low-risk status to HMRC. As a result, the client had its low-risk status renewed for three years, avoiding more frequent audits. Worksome also helped the client achieve significant operational efficiencies, including an estimated $12 million in annual savings and saving four hours of administrative work per contract.